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Flat 5, The Mews 15-17, North Street, Atherstone, West Midlands CV9 1JN - Image 1
Flat 5, The Mews 15-17, North Street, Atherstone, West Midlands CV9 1JN - Image 2
Flat 5, The Mews 15-17, North Street, Atherstone, West Midlands CV9 1JN - Image 3
Flat 5, The Mews 15-17, North Street, Atherstone, West Midlands CV9 1JN - Image 4
Flat 5, The Mews 15-17, North Street, Atherstone, West Midlands CV9 1JN - Image 5

Flat 5, The Mews 15-17, North Street, Atherstone, West Midlands CV9 1JN

West Midlands

£60,000
Listed on 21/04/2026

Property Details

Bedrooms
N/A
Type
Studio
Area
291 sqft

Description

This Grade II listed third-floor studio apartment presents a compelling opportunity for investors or first-time buyers looking to make their mark. While it requires enhancements, its secured gated entrance and proximity to the town center within half a mile offer great potential value. The leasehold status includes 107 years remaining, making it an attractive long-term investment. The layout comprises a combined lounge/bedroom area, a compact kitchen, and a bathroom. On-street parking is available, and the property benefits from mains electricity, water, and electric central heating, though no testing of these services has been conducted. Due to the current EPC rating of F, there will be significant opportunities for energy efficiency upgrades that could enhance both living comfort and future resale value.

Investment Analysis

(CV9 area)

Below Market Value

This property is priced -23.3% below area average per sq ft

-23.3%
Potential saving
This Property
£206/sq ft
Area Average
£269/sq ft
Avg Rent (weekly)
£211
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£86,027
10% above area average per sq ft
Potential ROI
+1.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (CV9)

Area prices are stable by -1.0% over the last 12 months
3 year growth: +4.8%
5 year growth: +11.9%
Investment Disclaimer: Analysis based on CV9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Flat 5, The Mews 15-17, North Street, Atherstone, West Midlands CV9 1JN
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£213
Based on a loan of £45,000 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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